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fengchao pilots luggage storage service in shanghai metro for the first time

yangcheng evening news reporter hang ying and huang yinglin

fengchao, the "number one express locker", plans to go public in hong kong. the reporter learned from the official website of the hong kong stock exchange that fengchao holdings co., ltd., headquartered in shenzhen, guangdong, recently formally submitted a prospectus to the hong kong stock exchange, intending to be listed on the main board, with huatai international as the exclusive sponsor. this is another company in the "sf group" rushing to go public after sf holdings, sf real estate trust, kerry logistics, and sf express.

while fengchao is eagerly pursuing a listing, seven express logistics companies, including sf holdings, zto express, yto express, sto express, yunda express, jitu express, and deppon express, have successively disclosed their performance in the first half of this year.

lost more than 3.7 billion yuan in three years

according to public information from qichacha, fengchao was jointly invested and established by five companies, namely sf express, sto express, zto express, yunda express and prologis, in june 2015. in the following years, it began to expand rapidly with the help of capital. investors include well-known institutions such as zhixin capital, cdh investments, zhongding capital, and sequoia china.